The involvement factors would be the price of the computer, the style, the model, and the things you could do with the computer.
Answer:
Instructions are below.
Explanation:
Giving the following information:
Variable cost:
Direct material= $0.50 per unit
Fixed cost:
Fixed overhead= $15,000
Total cost for 10,000 units:
Variable cost= 0.50*10,000= 5,000
Fixed costs= 15,000
Total cost= $20,000
Total cost for 15,000 units:
Variable cost= 0.50*15,000= 7,500
Fixed costs= 15,000
Total cost= $22,500
Bill Gates (1955-), is a well-known American entrepreneur, investor. Gates launched Microsoft and has been on the Forbes since 1987. He was born and raised in Seattle, Washington and still currently lives in Seattle.
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Answer:
$18,000
Explanation:
To find the Sales Revenue we simply add the $12,000 cash received immediately, and the $30,000 received as partial payment, totalling $42,000.
Then, we simply complete the proposed income statement:
Income Statement for the Month Ended in March 31
Sales Revenue $42,000
Rent Expense $9,600
Wage Expense $14,400
Net Income $18,000
Net Income is equal to Revenue - expenses.
